What is Lightcoin?

in #litecoin6 years ago

Lightcoin

  • Max. 84 million mins
    21 million Bitcoin mines 4x more

-The best advantage of simple mining

  • Transaction speed of 2 minutes and 30 seconds is 4 times faster on Bitcoin

  • Use silver to lighten real life

  • However, the transaction processing capacity is only dozens per second, resulting in an increase in users
    Meeting the problem of insufficient payment method

-Introduction of lighting network technology to address this

-What is lighting network?
A technology in which actual transactions are conducted on separate channels and only transaction results are posted on the block chain.
In theory, if there's hundreds, if there's thousands of transactions going on, you just raise the transaction result on the blockchain.
How to reduce transaction time and fees significantly

  • Introduction of a technology called atomics swap for convenience of payment

-What is atomics swap?
You don't have an intermediate agency, like an exchange, with each block chain.
a tradeable skill
EX)Light-Core and Ripple-Core make trading possible without help from exchanges.
November 2017 Lightcoin and Bitcoin were already successful in Atomics swap

  • On February 26,18 Lightpey is a direct debit card that can be used just like a Visa card.
    I tried to provide a service that could be used to pay for the light coin
    an indefinite postponement of the launch

  • However, when the system is recognized and accepted and the light pay is officially released, it will explode.
    a possible coin

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